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<p>The International Monetary Fund has approved the payment of funds to a number of African countries such as Ghana, Senegal and Mozambique, under the Rapid Credit Facility which is set to help countries deal with the impact of the COVID-19 pandemic. Ridle Markus, Africa Strategist at ABSA Corporate and Investment Banking joins CNBC Africa for more.</p>


IMF approves funds to Ghana

IMF approves funds to Ghana, Senegal & Mozambique to fight COVID-19

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<p>As Ghana deploys tactics to curb community spread of COVID-19, Alex Boahen, Head of Research at Databank Group joins CNBC Africa to discuss the impact on Ghana’s financial markets.</p>


Ghana launches universal QR code for cashless transactions to curb COVID-19 spread

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<p>As COVID-19 cases climb in Africa, countries have had monetary responses to the issue such as South Africa and Namibia cutting by 100 basis points, Ghana by 150 and Nigeria keeping rates unchanged in yesterday’s MPC announcement. Joining CNBC Africa to unpack the economic impact of monetary response to COVID-19 in Africa is Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking.</p>


Absa’s Ridle Markus on Africa’s monetary response to COVID-19

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<p>Ghana’s Health Ministry says there are 24 confirmed coronavirus cases in the country with one death recorded. Ghana’s government in an effort to curtail the spread of the pandemic has closed most of its borders. Collins Appiah, Economic Advisor at Services Integrity Savings and Loans joins CNBC Africa to discuss the impact of the coronavirus on Ghana’s economy and the stock market.</p>


The impact of COVID-19 on Ghana’s economy & stock exchange

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<p>Health authorities in Ghana have confirmed two more COVID-19 cases at the Noguchi Memorial Institute of Medical Research, bringing the total confirmed cases to nine. Ghana Health Services says both cases are imported – the first a 56-year-old man who returned from the UK a week ago and the second, a 33 year-old Ghanaian who returned from a conference in the United Arab Emirates (UAE). Dr Frank Serebour, Vice President of the Ghana Medical Association joins CNBC Africa to discuss the resilience of Ghana&#8217;s healthcare system to contain the pandemic.</p>


How Ghana plans to fight COVID-19 pandemic

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<p>Ghana’s Finance Minister recently updated the country&#8217;s parliament on the fiscal implications of the coronavirus pandemic. Yofi Grant, CEO of the Ghana Investment Promotion Centre joins CNBC Africa to discuss some key takeaways from the engagement.</p>


GIPC’s Yofi Grant on Ghana’s COVID-19 economic plan


<p>(Reuters) &#8211; The World Health Organization has warned of the risk that COVID-19 could overwhelm strained public health systems in sub-Saharan Africa. Here is a selection of measures countries are taking to prepare for the virus and limit its spread.</p>



<h3 class="wp-block-heading">SOUTH AFRICA </h3>



<p>With more cases than any other country in sub-Saharan Africa, South Africa is barring entry to foreign travellers&nbsp;coming from or transiting through&nbsp;high-risk countries including Italy, Iran, South Korea, Spain, Germany, France, Switzerland, the United States, the United Kingdom and China, according to an advisory issue by the foreign ministry on Tuesday. </p>



<p>Travellers who arrived from these countries since mid-February must report for testing. Those arriving from medium-risk countries – Portugal, Hong Kong and Singapore – will undergo high intensity screening. </p>



<p>South Africans are advised to cancel or postpone all non-essential foreign travel.&nbsp;The government has also ordered schools to close early for the Easter break and will prohibit gatherings of more than 100 people. </p>



<h3 class="wp-block-heading">NIGERIA </h3>



<p>Africa’s most populous nation has stepped up surveillance and is preparing for the possibility of an influx of patients.  </p>



<p>Lagos, the biggest city with some 20 million people, could handle 2,000 cases, said Bamidele Mutiu, who heads a regional biosafety team. To do this, they would need to use two camps previously housing people displaced by violence, he said. </p>



<p>Authorities are checking the temperature of anyone who arrives at Nigeria’s airports, ports and land borders. </p>



<p>Those coming from high-risk countries such as China, Iran, Italy and Spain are asked to self-isolate for 14 days, said Tarik Mohammed, a technical advisor at the Niger Centre for Disease Control. If they develop symptoms, a laboratory team will visit them and collect a sample for testing. </p>



<h3 class="wp-block-heading">KENYA </h3>



<p>The East African country is suspending travel from any nation with reported COVID-19 cases.  </p>



<p>Only Kenyan citizens, foreigners with residence permits and United Nations workers will be allowed to come in, provided they proceed on self-quarantine, the government said this week. </p>



<p>Schools and universities are closing, and public minibuses are providing hand sanitizer. </p>



<h3 class="wp-block-heading">ETHIOPIA </h3>



<p>Ethiopian Airlines said on its website that medics stationed at Addis Ababa Bole International Airport, a key regional transit hub, carry out continuous health screenings 24/7. </p>



<p>The government in the Horn of Africa country has closed schools nationwide and offered to transport people on government buses to ease congestion on public transport. </p>



<h3 class="wp-block-heading">RWANDA </h3>



<p>The East African country is flooding its capital, Kigali, with portable sinks for hand-washing at bus stops, restaurants, banks and shops. Schools, universities, churches and courts are closed nationwide. Some flights are suspended. </p>



<h3 class="wp-block-heading">CAMEROON </h3>



<p>From Wednesday, Cameroon, in central Africa, will close land, air and sea borders indefinitely, the government said in statement on Tuesday. International flights will be grounded, with the exception of cargo planes. Schools and restaurants will shut, and gatherings of more than 50 people are banned. </p>



<h3 class="wp-block-heading">LIBERIA </h3>



<p>The West African country is applying lessons learned fighting a devastating Ebola outbreak in 2014-15.  </p>



<p>“We were one of the first countries to start enhanced screening at the airport on Jan. 25,” said&nbsp;Mosoka P. Fallah, acting director general of the National Public Health Institute of Liberia. </p>



<p>More than 200 people have been trained as field epidemiologists and check for diseases in all 90 districts, said Tolbert Nyenswah, senior research associate at the Johns Hopkins Bloomberg School of Public Health in the United States and former incident manager for Liberia’s Ebola response. </p>



<p>“If there is a case of a suspected disease, a sample is sent to a lab and tested.” </p>



<p>There are hand-washing stations at public places including stores, shops, schools, hospitals, restaurant and government offices. </p>



<h3 class="wp-block-heading">SENEGAL </h3>



<p>Has been taking all passengers’ temperatures since Jan. 28 and asks for contact details, so officials can reach them if someone else on the plane tests positive, a spokesman for Dakar airport said. </p>



<h3 class="wp-block-heading">GHANA </h3>



<p>Has implemented some of the most stringent measures in West Africa with a mandatory 14 days of quarantine for all people arriving from abroad. Travelers from countries with over 200 cases of coronavirus are barred from entering the country unless they are Ghanaian citizens or residents.</p>



<h3 class="wp-block-heading">MAURITANIA </h3>



<p>After confirming its first case on March 13, the West African country closed the international airport, suspended teaching in schools and universities, and banned weekly markets.  </p>



<h3 class="wp-block-heading">MADAGASCAR </h3>



<p>One of the world’s poorest countries, the island nation has suspended all flights for 30 days, a blow to its tourism industry. </p>



<p>(Reporting by Africa bureaux)</p>



<p>This article was first published on Reuters Africa <a href="https://af.reuters.com/article/topNews/idAFKBN2150U6-OZATP">https://af.reuters.com/article/topNews/idAFKBN2150U6-OZATP</a> and is republished with its permission.</p>


Clarification on COVID-19 “hotspots” as SA moves to level 3 lockdown

FACTBOX: What Africa is doing to fight coronavirus


<p>NAIROBI (Reuters) &#8211; Several African governments on Sunday closed borders, canceled flights and imposed strict entry and quarantine requirements to contain the spread of the new coronavirus, which has a foothold in at least 26 countries on the continent as cases keep rising.</p>



<p>South African President Cyril Ramaphosa declared a national state of disaster and warned the outbreak could have a “potentially lasting” impact on the continent’s most-developed economy, which is already in recession.  </p>



<p>Measures to be taken there include barring travel to and from countries such as Italy, Germany, China and the United States.  </p>



<p>“Any foreign national who has visited high-risk countries in the past 20 days will be denied a visa,” he said, adding that South Africans who visited targeted countries would be subjected to testing and quarantine when returning home. </p>



<p>South Africa, which has recorded 61 cases, will also prohibit gatherings of more than 100 people, Ramaphosa said. [nL8N2B8163] </p>



<p>Kenyan President Uhuru Kenyatta said his government was suspending travel from any country with reported COVID-19 cases.</p>



<p>“Only Kenyan citizens, and any foreigners with valid residence permits will be allowed to come in, provided they proceed on self-quarantine,” he told the nation in a televised address.  </p>



<p>The ban would take effect within 48 hours and remain in place for at least 30 days, he said.   </p>



<p>Schools should close immediately and universities by the end of the week, he added. Citizens would be encouraged to make cashless transactions to cut the risk of handling contaminated  money.  </p>



<p>Kenya and Ethiopia have now recorded three and four cases respectively, authorities in each nation said on Sunday, two days after they both reported their first cases.  </p>



<p>In West Africa, Ghana will ban entry from Tuesday to anyone who has been to a country with more than 200 coronavirus cases in the past 14 days, unless they are an official resident or Ghanaian national. Ghana has recorded six cases.     </p>



<p>President Nana Akufo-Addo said in a televised Sunday evening address that universities and schools will be closed from Monday until further notice. Public gatherings will be banned for four weeks, he said, though private burials are allowed for groups of less than 25 people.  </p>



<p>In southern Africa, Namibia ordered schools to close for a month after recording its first two cases on Saturday.  </p>



<p>Djibouti, which has no confirmed case of COVID-19, said on Sunday it was suspending all international flights. Tanzania, which also has no cases yet, canceled flights to India and suspended school games.  </p>



<p>Other nations have also shuttered schools, canceled religious festivals and sporting events to minimize the risk of transmission. Some 156,500 people worldwide have been infected and almost 6,000 have died. [nL4N2AY3AS] </p>



<p>(Reporting by Wendell Roelf in Cape Town, Edward McAllister in Dakar, Omar Mohammed and Duncan Miriri in Nairobi, Giulia Paravicini in Addis Ababa, Nyasha Nyaungwa in Windhoek and Christian Akorlie in Accra; Writing by Giulia Paravicini; Editing by Alexandra Hudson, Peter Cooney and Diane Craft)</p>



<p>This article was first published on Reuters Africa <a href="https://af.reuters.com/article/topNews/idAFKBN2130YS-OZATP">https://af.reuters.com/article/topNews/idAFKBN2130YS-OZATP</a> and is republished with its permission.</p>


African nations close borders, cancel flights amid coronavirus pandemic


<p>LIBREVILLE/ACCRA (Reuters) &#8211; Gabon and Ghana confirmed their first cases of coronavirus on Thursday, becoming the ninth and tenth countries in sub-Saharan Africa to register positive cases. </p>



<p>The region has so far been less badly hit by coronavirus than Europe or China. Ivory Coast, Nigeria, Senegal, Cameroon, Togo, South Africa, Burkina Faso and Democratic Republic of Congo have also registered cases. </p>



<p>In a statement, Gabon’s government said its case was a 27-year-old Gabonese man who had returned from France on March 8.  </p>



<p>Ghana’s health ministry said its two cases were people who had returned recently from Norway and Turkey. </p>



<p>“These are imported cases of COVID-19. Both patients are currently being kept in isolation and are stable,” the ministry said in a statement. </p>



<p>More than 127,000 people have been infected globally and over 4,700 have died since the virus first emerged in China late last year, according to a Reuters tally. </p>



<p>Sub-Saharan Africa did not confirm its first coronavirus infection until Feb. 28 in Nigeria, but experts warn that rising cases could test already fragile health systems. </p>



<p>(Writing by Alessandra Prentice; Editing by Himani Sarkar)</p>



<p>This article was first published on Reuters Africa <a href="https://af.reuters.com/article/topNews/idAFKBN2100UD-OZATP">https://af.reuters.com/article/topNews/idAFKBN2100UD-OZATP</a> and is republished with its permission.</p>


Ghana, Gabon confirm first cases of coronavirus

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Moody&#8217;s Investors Service says Ghana’s B3 credit profile captures several positive developments which includes a return to primary surpluses, a more secure power supply that supports non-oil growth among others. As the country celebrates its 63rd year of independence, Elisa Parisi-Capone, Vice President and Senior Analyst of the Sovereign Risk Group at Moody’s joins CNBC Africa for more.</p>


Moody’s: Ghana’s credit profile captures several positive developments

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As Ghana marks its 63rd year of independence, Raimah Amevor, CEO of Mindfully Africa joins CNBC Africa to discuss the role of women in fostering democracy in Ghana.</p>


ghana

Mindfully Africa CEO Amevor on the role of women in Ghana’s development

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As Ghana looks to consolidate gains after 63 years of independence, today&#8217;s celebration will be hosted for the first time in Kumasi, the capital of the Ashanti region. Yofi Grant, CEO of the Ghana Investment Promotion Centre (GIPC) joins CNBC Africa more.</p>


Ghana looks to consolidate its gains as it celebrates 63 years of independence

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The Double Tax Agreement between Ghana and Mauritius came into effect on the 27th of February this year. The agreement among other things seeks to eliminate double taxation of the same income in both countries. Eric Mensah, Former Lead Treaty Negotiator at the Ghana Revenue Authority and Co-Chair of the UN Tax Committee joins CNBC Africa to discuss what this agreement means for both countries.</p>


Understanding the double tax agreement between Ghana & Mauritius


<p><em>Recycling precious metals and minerals from used electronics can help make today&#8217;s consumption patterns more environmentally sustainable</em> <em>writes Christopher Kaminker, Head of Sustainability for Lombard Odier Bank</em> </p>



<p>At Umicore&#8217;s industrial facility in Antwerp, hundreds
of workers wearing yellow safety vests turn up every day to recover gold,
silver, copper, lithium and other metals and minerals from towering piles of
discarded mobile phones. </p>



<p>The company is now one of the biggest players in a new
industry that has the potential to transform the way we consume the raw
materials used in the increasing numbers of electronic devices we buy each
year. Urban mining, as this activity is called, aims to recycle some of the estimated
$62.5 billion-worth of electronic waste generated each year &#8211; about three times
the value of the world&#8217;s annual silver production<a href="#_ftn1">[1]</a>.</p>



<p>Computers, mobile phones and other electronic products
use a staggering 320 tonnes of gold, and more than 7,500 tonnes of silver every
year, according to the Global e-Sustainability Initiative (GeSI), a
collaboration between technology companies and the United Nations University<a href="#_ftn2">[2]</a>. But
beyond the business prospects, the rise of urban mining offers an example of
how circular economies can replace linear ones to transform not only the way we
consume but also the negative impact our consumption has on the planet. </p>



<p>For decades, industrialised countries have disposed of
huge quantities of e-waste by exporting it to developing regions such as West
Africa. Agbogbloshie in Ghana used to be an area of wildlife and natural
beauty. Today, it is the world&#8217;s largest dumpsite for used electronic goods
from Europe and beyond. Impoverished families work in toxic and hazardous
conditions to recycle e-waste materials manually, which is inefficient and
often dangerous<a href="#_ftn3">[3]</a>.</p>



<p>Urban mining heralds the prospect of recycling much
more e-waste in consumer countries, cutting down on traditional transportation,
which contributes to global warming. It can also recover greater quantities of
metals and other materials from e-waste than the predominantly manual recycling
process carried out in Africa, India and other developing regions. </p>



<p>Most importantly, urban mining can help reduce the
amount of traditional mining activity in the world, an increasing amount of
which is carried out in environmentally sensitive areas and where mining
companies are having to dig ever deeper to extract raw materials.&nbsp; </p>



<p>E-waste is a surprisingly rich alternative to
traditional mining – just one tonne of e-waste contains more gold than 17
tonnes of ore – and is achieving rapid cost reductions through improvement of
technologies, collection systems and growing economies of scale. As many as 17
different metals can be extracted from e-waste, including silver, platinum,
copper, tin and antimony<a href="#_ftn4">[4]</a>.
There is also plenty of it, with the United Nations University estimating that
annual e-waste is set to more than double by 2050<a href="#_ftn5">[5]</a>.</p>



<p>There are encouraging signs of progress towards a more
defined circular economy for electronics. The European Union&#8217;s revised
framework on waste targets a 65 per cent reduction in municipal waste by 2035<a href="#_ftn6">[6]</a>,&nbsp; building on previous directives aimed at
waste electronic equipment.</p>



<p>At the company level, initiatives are in full swing.
Volkswagen is building a battery recycling plant that will support the
carmaker’s goal of recycling 97 per cent of raw materials in end-of-life EV
battery packs &#8211; up from 53 per cent today<a href="#_ftn7">[7]</a>. Apple
has a goal of making all of its products from recycled materials. The
California technology company has even piloted robotic tools to help
disassemble iPhones<a href="#_ftn8">[8]</a>.
</p>



<p>Even so, more needs to be done. Many countries lack
any kind of legislation to deal with e-waste. And even with regulations
covering the export of e-waste, the EU sees an estimated 1.3 million tonnes of
e-waste exported illegally every year. Meanwhile consumers must become more
aware of the need to recycle their e-waste in a responsible way. </p>



<p>A report this year by the World Economic Forum noted
that a circular economy for electronics could reduce the costs to consumers by
seven per cent by 2030, and 14 per cent by 2040<a href="#_ftn9">[9]</a>. </p>



<p>With more effort, urban mining could therefore become
a win-win: benefiting consumers and producers while simultaneously making sure
that our planet does not become a landfill of hazardous waste.<br></p>



<hr class="wp-block-separator"/>



<p><a href="#_ftnref1">[1]</a>http://collections.unu.edu/eserv/UNU:6341/Global-E-waste_Monitor_2017__electronic_single_pages_.pdf</p>



<p><a href="#_ftnref2">[2]</a>https://www.downtoearth.org.in/coverage/waste/wasted-e-waste-40440</p>



<p><a href="#_ftnref3">[3]</a><a href="https://www.theguardian.com/environment/gallery/2014/feb/27/agbogbloshie-worlds-largest-e-waste-dump-in-pictures">https://www.theguardian.com/environment/gallery/2014/feb/27/agbogbloshie-worlds-largest-e-waste-dump-in-pictures</a></p>



<p><a href="#_ftnref4">[4]</a>https://www.downtoearth.org.in/coverage/waste/wasted-e-waste-40440</p>



<p><a href="#_ftnref5">[5]</a>http://www3.weforum.org/docs/WEF_A_New_Circular_Vision_for_Electronics.pdf</p>



<p><a href="#_ftnref6">[6]</a>https://ec.europa.eu/info/news/commission-reviews-implementation-eu-waste-rules-proposes-actions-help-14-member-states-meet-recycling-targets-2018-sep-24_en</p>



<p><a href="#_ftnref7">[7]</a><a href="https://www.greencarcongress.com/2019/05/20190511-vwev.html">https://www.greencarcongress.com/2019/05/20190511-vwev.html</a></p>



<p><a href="#_ftnref8">[8]</a>https://www.greenbiz.com/article/apple-dials-its-circular-materials-aspirations</p>



<p><a href="#_ftnref9">[9]</a><a href="http://www3.weforum.org/docs/WEF_A_New_Circular_Vision_for_Electronics.pdf">http://www3.weforum.org/docs/WEF_A_New_Circular_Vision_for_Electronics.pdf</a></p>


An Africa without waste: how gold mining is going green

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<p>Fiscal performance in Ghana will guide the demand and pricing conditions in the country’s fixed income market for the first quarter of the year. That’s according to Databank. Meanwhile, the Government of Ghana is scheduled to hold its next debt Issuance on the 20th of this month. Joining CNBC Africa for a focus on the country’s fixed income and forex market is Courage Kingsley Martey, Senior Economist at Databank.</p>


MARTEY

Databank: Broadly stable yields expected in Ghana’s fixed income & forex market

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Joining CNBC Africa for today’s Africa exchange segment is Ridle Markus, Africa Strategist at  Absa Corporate and Investment Banking to discuss Zambia’s energy crisis.</p>


What is behind Zambia’s deepening energy

What is behind Zambia’s deepening energy, economic crisis?

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Moody&#8217;s says the drop in the non-performing loans which follows a recent clean-up and recapitalisation exercise is credit positive for Ghana&#8217;s banking system. Christos Theofilou, Vice President and Banking Analyst at Moody&#8217;s joins CNBC Africa for this discussion.</p>


Ghana

IMF approves funds to Ghana, Senegal & Mozambique to fight COVID-19

Ghana launches universal QR code for cashless transactions to curb COVID-19 spread

Absa’s Ridle Markus on Africa’s monetary response to COVID-19

The impact of COVID-19 on Ghana’s economy & stock exchange

How Ghana plans to fight COVID-19 pandemic

GIPC’s Yofi Grant on Ghana’s COVID-19 economic plan

FACTBOX: What Africa is doing to fight coronavirus

African nations close borders, cancel flights amid coronavirus pandemic

Ghana, Gabon confirm first cases of coronavirus

Moody’s: Ghana’s credit profile captures several positive developments

Mindfully Africa CEO Amevor on the role of women in Ghana’s development

Ghana looks to consolidate its gains as it celebrates 63 years of independence

Understanding the double tax agreement between Ghana & Mauritius

An Africa without waste: how gold mining is going green

Databank: Broadly stable yields expected in Ghana’s fixed income & forex market

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Ghana

IMF approves funds to Ghana, Senegal & Mozambique to fight COVID-19

Ghana launches universal QR code for cashless transactions to curb COVID-19 spread

Absa’s Ridle Markus on Africa’s monetary response to COVID-19

The impact of COVID-19 on Ghana’s economy & stock exchange

How Ghana plans to fight COVID-19 pandemic

GIPC’s Yofi Grant on Ghana’s COVID-19 economic plan

FACTBOX: What Africa is doing to fight coronavirus

African nations close borders, cancel flights amid coronavirus pandemic

Ghana, Gabon confirm first cases of coronavirus

Moody’s: Ghana’s credit profile captures several positive developments

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